A beneficiary designation gift is an easy and flexible way to impact Lindenwood Retreat & Conference Center.
Many retirement accounts pass to heirs with high tax burdens. Because Lindenwood is a ministry of the Poor Handmaids of Jesus Christ, we receive retirement assets tax-free, ensuring that the only thing your assets pass on is impact for future generations.
How It Works:
You can name Lindenwood Retreat & Conference Center as a beneficiary of a life insurance policy, IRA, donor-advised fund, or other retirement, investment or bank account.
Simply ask for a new beneficiary designation form from your broker, banker, insurance agent or other individual who helps with your account and send it back once you’ve completed it.
You can continue fully using your account and make changes or add new beneficiaries at any time. You can also designate whether a beneficiary will receive the full remainder of your account or a partial amount.
It is also important to inform Lindenwood of your gift so we can ensure the funds can have impact sooner.
Benefits:
- You continue to use your account as long as you need to.
- You don’t have to pay for any legal counsel.
- You reduce the burden of taxes on your family and could receive an estate tax charitable deduction.
- You can easily make changes to your gift if your circumstances change.
- You support Lindenwood!
